Committee room is cltsed. Committee members will attend the meeting through Video Conference and are participating in this meeting as if they are present in the chamber. Youll have opportunity to speak and provide comments by phone by dialing 4156550001. When connected you will hear the meeting discussion. When item of interest comes up dial star 3 to be added to the speaker line. Please wait until the system indicates you have been unmuted and you can begin your comments. Best practices is to call from quiet location, speak clearly and turn down your radio or streaming device. Alternatively, you may submit Public Comment in the following ways you may email me im john carroll. If you submit Public Comment by email, i will include it part of legislative file. You can also submit your commentary in writing through the post and direct your letter to our office in city hall. The address there is one dr. Carlton b. Goodlett place. Finally mr. Chair, items acted upon will appear on the board
Good morning. The meeting will come to order. Welcome to the thursday october 15th meeting. Im supervisor gordon mar. Im joined by vice chair aaron peskin and matt haney. Mr. Clerk, you have any announcements . Clerk i do mr. Chair. In order to protect the public, Board Members and employees during the covid19 health emergency, board of supervisors legislative chamber and Committee Room is cltsed. Committee members will attend the meeting through Video Conference and are participating in this meeting as if they are present in the chamber. Youll have opportunity to speak and provide comments by phone by dialing 4156550001. When connected you will hear the meeting discussion. When item of interest comes up dial star 3 to be added to the speaker line. Please wait until the system indicates you have been unmuted and you can begin your comments. Best practices is to call from quiet location, speak clearly and turn down your radio or streaming device. Alternatively, you may submit Public Com
Clerk thank you. We have four yeses. Motion passes. Thank you, madam secretary. Please call next item, please. Clerk next item, number 20, discussion item, executive directors report. I will keep mine very short, however, i do want to point out that weve been extremely lucky since the shelter in place order. Weve been able to hire two of our t members of our Leadership Team into permanent positions. Ba do is on the reporting side, and were more than happy that bill and his team have adopted him and have assured us that they will be always available to help him be successful in his job. A second key hire that we have brought on board last month and a project that ive been working on for 15 years, and that is to get a Quality Assurance Operational Risk office started in the department, and i have been working with mr. Derwin brown for nearly two years, i think over two years, frankly. Tried to convince him that he needed to leave the l. A. County plan and come up and join us in San Franc
Of mind blowing. Check out these numbers, the six biggest tech stocks losing more than 1 trillion in value in three days apple, microsoft, amazon, microsoft, tesla and facebook. This is kind of unbelievable on the way up, we kind of get i wont say we get used to it. Complacent. We dont quite notice it as much after the split, was apple up 40 or something remember when we were arguing about tesla at 500 a share . Look where it went eastbound the s p was up almost 60 since march. You get these crazy moves to the upside we should have been able to watch this after all these years and how quickly the corrections can come to get that move and have a correction in three days maybe we need to even revise the terms for how we talk about it given what the nasdaq has done, that perspective it is nothing it is not that shocking if you are a longterm investor, this is no big deal. If you were looking at this. Those six stocks losing a trillion in value, they are still up several trillions you are
President trump aggressively denied the story, with, i believe, four sources cited early in the article. It is amazing how one story can shift a dialogue. Francine shift the dialogue, maybe, tom, but i dont know what impact it will have on the polls. Polls, it is one of the interesting conversations in an election year, banks realize they could be one of the most volatile moments in the markets, if you look at the states or whether there is a broader change of heart toward change of mind when it comes to that november election. H, brilliant on that yesterday, talking about the swing state polls as the thing to watch in september. Right now in new york city with our first word news is karina melcher Karina Mitchell. Karina republican the democrats have agreed on one thing secretary Steven Mnuchin and nancy pelosi are working to avoid a Government Shutdown before the election. Up a vital holding stopped spending bill clears the way for the government to stay in operation at the start of